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Home News EPFO to provide 8.65% interest on EPF for FY'17: Dattatreya

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EPFO to provide 8.65% interest on EPF for FY'17: Dattatreya

EPFO to provide 8.65% interest on EPF for FY'17: Dattatreya

Thursday, April 13, 2017, 6:07 PM

About 4 crore subscribers of EPFO will get 8.65% interest on provident fund deposits for 2016-17, as decided by the organization's trustees in December, Labour Minister Bandaru Dattatreya said on Thursday. The comments follow reports suggesting that the Finance Ministry is nudging the Labour Ministry to lower the EPF interest rate by up to 50 basis points.
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